Energy Transfer - ET Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last year. There are currently 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ET shares.
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6 Wall Street research analysts have issued 1-year price objectives for Energy Transfer's shares. Their ET share price forecasts range from $14.00 to $16.00. On average, they predict the company's share price to reach $14.67 in the next year. This suggests a possible upside of 27.0% from the stock's current price.
View analysts price targets for ET or view top-rated stocks among Wall Street analysts.

Energy Transfer's stock was trading at $8.23 on January 1st, 2022. Since then, ET stock has increased by 40.3% and is now trading at $11.55.
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Energy Transfer saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 85,830,000 shares, a decline of 6.9% from the August 31st total of 92,190,000 shares. Based on an average daily trading volume, of 19,950,000 shares, the short-interest ratio is currently 4.3 days. Currently, 3.5% of the company's stock are sold short.
View Energy Transfer's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our ET earnings forecast.

Energy Transfer will be holding an earnings conference call on Tuesday, November 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Energy Transfer LP (NYSE:ET) posted its quarterly earnings results on Wednesday, August, 3rd. The pipeline company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.10. The pipeline company earned $25.95 billion during the quarter, compared to analysts' expectations of $21.88 billion. Energy Transfer had a trailing twelve-month return on equity of 11.98% and a net margin of 4.83%.

Energy Transfer announced a quarterly dividend on Tuesday, July 26th. Stockholders of record on Monday, August 8th will be given a dividend of $0.23 per share on Friday, August 19th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.97%. The ex-dividend date of this dividend is Friday, August 5th. This is an increase from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for ET.

Energy Transfer (NYSE:ET) pays an annual dividend of $0.92 per share and currently has a dividend yield of 7.76%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 73.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ET will have a dividend payout ratio of 68.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ET.

Energy Transfer's stock split on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly issued shares were issued to shareholders after the market closes on Thursday, June 12th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

109 employees have rated Energy Transfer Chief Executive Officer Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).

Energy Transfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

Energy Transfer's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (0.61%), Capital Investment Advisors LLC (0.01%), Moody National Bank Trust Division (0.00%), Centric Wealth Management (0.00%), Wedmont Private Capital (0.00%) and HBW Advisory Services LLC (0.00%). Insiders that own company stock include Bradford D Whitehurst, Bradford D Whitehurst, James Richard Perry, Kelcy L Warren, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray C Davis, Ray W Washburne, Richard D Brannon, Thomas E Long and Thomas P Mason.
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Shares of ET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ET stock can currently be purchased for approximately $11.55.

Energy Transfer (NYSE:ET) has a market capitalization of $35.65 billion and generates $67.42 billion in revenue each year. The pipeline company earns $5.18 billion in net income (profit) each year or $1.25 on an earnings per share basis.

The company employs 12,558 workers across the globe.

Energy Transfer's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The official website for the company is www.energytransfer.com. The pipeline company can be reached via phone at (214) 981-0700, via email at investorrelations@energytransfer.com, or via fax at 214-981-0703.